Please help!! Will mark Brainliest!!!

Mathematics

1 answer:

strojnjashka [21]3 years ago

7 0

Answer: Marc should deposit $2766

Step-by-step explanation:

We would apply the formula for determining compound interest which is expressed as

A = P(1+r/n)^nt

Where

A = total amount in the account at the end of t years

r represents the interest rate.

n represents the periodic interval at which it was compounded.

P represents the principal or initial amount deposited

From the information given,

A = $3500

r = 8% = 8/100 = 0.08

n = 2 because it was compounded 2 times in a year.

t = 3 years

Therefore,

3500 = P(1+0.08/2)^2 × 3

3500 = P(1+0.04)^6

3500 = P(1.04)^6

3500 = 1.2653P

P = $2766

You might be interested in

Solve: -2(4g - 3) = 30 * 1 point g = 4 g = -4 g = 2 g = -3

Paraphin [41]

$-2(4g - 3) = 30\\-8g+6=30\\-8g=24\\g=-3$

P.S. Hello from Russia

8 0

3 years ago

Find the perimeter and area of the following shape. Show formula and work! First, find the missing side, (x and y)

Lady_Fox [76]

I've included all the steps and working out in the attached image.

7 0

3 years ago

PLEASE HELP!!! What is the length of the diagonal of the square??

Leya [2.2K]

Since it is a right triangle, we can apply the Pythagorean theorem.

The square of the hypotenuse is equal to the sum of the squares of the sides.

We'll call H the hypotenuse and L to the side.

H² = L² + L² = 2L²

H² = 2x11²

$H = \sqrt{2x11^{2}}= 11\sqrt{2}$

ANSWER = F) = $Diagonal= 11\sqrt{2}$

$\textbf{Spymore}$